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AON CORPORATION
VARIOUS SEGMENT INFORMATION—AFTER RECLASSIFICATION
| 2002 | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
(millions) | 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Full Year | |||||||||||||
REVENUE | ||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 1,157 | $ | 1,215 | $ | 1,247 | $ | 1,354 | $ | 4,973 | ||||||||
Consulting | 233 | 248 | 269 | 304 | 1,054 | |||||||||||||
Insurance Underwriting | 649 | 750 | 718 | 684 | 2,801 | |||||||||||||
Corporate & Other | 49 | (91 | ) | 12 | 24 | (6 | ) | |||||||||||
Total Revenue | $ | 2,088 | $ | 2,122 | $ | 2,246 | $ | 2,366 | $ | 8,822 | ||||||||
INCOME (LOSS) BEFORE INCOME TAXES | ||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 189 | $ | 144 | $ | 209 | $ | 249 | $ | 791 | ||||||||
Consulting | 27 | 23 | 26 | 44 | 120 | |||||||||||||
Insurance Underwriting | 68 | 2 | 41 | 44 | 155 | |||||||||||||
Corporate & Other | (13 | ) | (153 | ) | (59 | ) | (48 | ) | (273 | ) | ||||||||
Total Income Before Income Taxes | $ | 271 | $ | 16 | $ | 217 | $ | 289 | $ | 793 | ||||||||
INCOME BEFORE INCOME TAXES—MARGINS | ||||||||||||||||||
Risk & Insurance Brokerage Services | 16.3 | % | 11.9 | % | 16.8 | % | 18.4 | % | 15.9 | % | ||||||||
Consulting | 11.6 | % | 9.3 | % | 9.7 | % | 14.5 | % | 11.4 | % | ||||||||
Insurance Underwriting | 10.5 | % | 0.3 | % | 5.7 | % | 6.4 | % | 5.5 | % | ||||||||
Total Income Before Income Taxes—Margins | 13.0 | % | 0.8 | % | 9.7 | % | 12.2 | % | 9.0 | % | ||||||||
ORGANIC REVENUE GROWTH | ||||||||||||||||||
Risk & Insurance Brokerage Services | 13 | % | 10 | % | 21 | % | 10 | % | 13 | % | ||||||||
Consulting | 4 | % | 6 | % | 14 | % | 12 | % | 9 | % | ||||||||
Insurance Underwriting | 17 | % | 23 | % | 7 | % | 4 | % | 11 | % | ||||||||
Total Organic Revenue Growth | 14 | % | 14 | % | 15 | % | 9 | % | 12 | % |
2001 | ||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1st Qtr. | 2nd Qtr. | 3rd Qtr. | 4th Qtr. | Full Year | |||||||||||||
REVENUE | ||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 1,052 | $ | 1,083 | $ | 1,030 | $ | 1,198 | $ | 4,363 | ||||||||
Consulting | 212 | 229 | 232 | 265 | 938 | |||||||||||||
Insurance Underwriting | 628 | 609 | 641 | 643 | 2,521 | |||||||||||||
Corporate & Other | (81 | ) | (4 | ) | 9 | (70 | ) | (146 | ) | |||||||||
Total Revenue | $ | 1,811 | $ | 1,917 | $ | 1,912 | $ | 2,036 | $ | 7,676 | ||||||||
INCOME (LOSS) BEFORE INCOME TAXES | ||||||||||||||||||
Risk & Insurance Brokerage Services | $ | 166 | $ | 79 | $ | 142 | $ | 178 | $ | 565 | ||||||||
Consulting | 24 | 24 | 29 | 49 | 126 | |||||||||||||
Insurance Underwriting | 68 | 60 | 45 | (5 | ) | 168 | ||||||||||||
Corporate & Other | (210 | ) | (99 | ) | (83 | ) | (158 | ) | (550 | ) | ||||||||
Total Income Before Income Taxes | $ | 48 | $ | 64 | $ | 133 | $ | 64 | $ | 309 | ||||||||
INCOME (LOSS) BEFORE INCOME TAXES—MARGINS | ||||||||||||||||||
Risk & Insurance Brokerage Services | 15.8 | % | 7.3 | % | 13.8 | % | 14.9 | % | 12.9 | % | ||||||||
Consulting | 11.3 | % | 10.5 | % | 12.5 | % | 18.5 | % | 13.4 | % | ||||||||
Insurance Underwriting | 10.8 | % | 9.9 | % | 7.0 | % | -0.8 | % | 6.7 | % | ||||||||
Total Income Before Income Taxes—Margins | 2.7 | % | 3.3 | % | 7.0 | % | 3.1 | % | 4.0 | % | ||||||||
ORGANIC REVENUE GROWTH | ||||||||||||||||||
Risk & Insurance Brokerage Services | 8 | % | 12 | % | 6 | % | 9 | % | 9 | % | ||||||||
Consulting | 8 | % | 9 | % | 4 | % | 7 | % | 7 | % | ||||||||
Insurance Underwriting | 5 | % | 1 | % | 8 | % | 8 | % | 5 | % | ||||||||
Total Organic Revenue Growth | 7 | % | 8 | % | 7 | % | 9 | % | 8 | % |
AON CORPORATION VARIOUS SEGMENT INFORMATION—AFTER RECLASSIFICATION